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New Iberia, LA
Full City Profile · Louisiana · St. Martin Parish County
2.8
/5.0
C+
Fair
27,926
Population
2,507/sq mi density
$50,802
Median Income
$29,927 per capita
$150,300
Home Value
$139,675 Zillow
$878
Median Rent
29.7% income on rent
70°F
Avg Temperature
308 sunny days/yr
290
Violent Crime/100K
3,626 property/100K
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.7 / 5.0
$50,802 median income, 5.4% unemployment
A+
Affordability
5.0 / 5.0
$150,300 home value, $878/mo rent
F
Safety
1.0 / 5.0
290 violent crimes/100K
C
Education
2.4 / 5.0
17.4% bachelor's degree or higher
Housing Overview
Median Home Value
$150,300
47% below
US avg: $281,900
Median Rent
$878/mo
25% below
US avg: $1,163/mo
Homeownership Rate
51.0%
22% below US avg (65.4%)
Total Housing Units
13,362
Median year built: 1971
Home Value by Source
Census Median
$150,300
Zillow (ZHVI)
$139,675
Median Sale Price
$148,000
Median List Price
$159,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
51.0%
Owner-Occupied
49.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$763/mo
1 Bedroom
$832/mo
2 Bedroom
$1,007/mo
3 Bedroom
$1,298/mo
4 Bedroom
$1,508/mo
Census median rent:
$878/mo
· Zillow rent:
$1,172/mo
Market Indicators (Redfin)
Median Days on Market
87 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
13
Price Drops
29.7%
of listings with price reduction
Price Per Sq Ft
$113
Active Inventory
74
homes for sale
Affordability & Housing Stock
Rent Burden
29.7%
of renters spending 30%+ of income on housing
4% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
51.0%
Complete Housing Data
Home Values
| Census Median Value | $150,300 |
| Zillow Home Value (ZHVI) | $139,675 |
| Median Sale Price | $148,000 |
| Median List Price | $159,000 |
| Price Per Sq Ft | $113 |
Rent
| Census Median Rent | $878 |
| Zillow Rent (ZORI) | $1,172 |
| FMR Studio | $763 |
| FMR 1-Bedroom | $832 |
| FMR 2-Bedroom | $1,007 |
| FMR 3-Bedroom | $1,298 |
| FMR 4-Bedroom | $1,508 |
Market
| Days on Market | 87 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 29.7% |
| Homes Sold | 13 |
| Active Inventory | 74 |
| Price Per Sq Ft | $113 |
Ownership & Stock
| Owner-Occupied | 51.0% |
| Renter-Occupied | 49.0% |
| Homeownership Rate | 51.0% |
| Total Housing Units | 13,362 |
| Median Year Built | 1971 |
| Rent Burden | 29.7% |